Publication Date:
10
July
2017

DOI: http://dx.doi.org/10.5089/9781484305942.001

ISBN: 9781484305942

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable....

Author(s):
Leandro Medina
,
Andrew Jonelis
, and
Mehmet Cangul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date:
10
July
2017

ISBN: 9781484305942

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable....